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  • Coin Reform!

    This is something my dad has been bitchin about for years...

    kinda funny..

    Abolish the penny!

    What's really behind America's clinging to the pesky penny? Nostalgia cannot be the answer; if we can give up the barbershop shave with its steam towels, we can give up anything.
    :icon_bigg

  • #2
    Re: Coin Reform!

    Originally posted by fr1j0l3
    This is something my dad has been bitchin about for years...

    kinda funny..

    Abolish the penny!



    :icon_bigg
    I'm ready to see them go bye-bye... I always just leave them in the penny dishes that are sitting next to every cash register. They're annoying and serve no practical purpose as a general circulation coin. They would still be necessary for financial transactions, as nobody wants to be on the losing end of rounding to a nickel when cashing something (closing an account or cashing a check) and we certainly can't eliminate cents from calculating large figures (think about the payroll for a large corporation-a couple of pennies from each person can add up to thousands of dollars).

    But how do we convince retailers to round to the nickel? Would reduced circulation do the trick?
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